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BMO Investments launches five mutual funds


BMO Investments has added five mutual funds to its product lineup. The new additions are intended to help address a need for growth and income among Canadian investors.

"These funds reflect our commitment to offering our clients investments that align with their financial priorities," says Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "Income and growth are components of a successful portfolio and we're confident that our new mutual funds will help address this need. It's a priority for us to have an ongoing pipeline of innovative products to keep up with an ever-changing investing environment."

The new funds are –

BMO Core Bond Fund: A Canadian fixed income fund, which will invest primarily in Canadian government and investment grade corporate bonds. In today's low interest rate environment, the fund will address the investor need for a high level of income and capital preservation.

BMO Core Plus Bond Fund: A Canadian fixed income fund that will invest in Canadian government and investment grade corporate bonds plus higher yielding fixed income asset classes. It will target a high level of interest income and maintain a total return approach for investors.

BMO Global Balanced Fund: An international fund with a total return strategy designed for investors who are looking for steady growth through a portfolio of equity and fixed income investments.

BMO US Dividend Fund: An equity fund designed to address the investor need for income and long-term capital growth by investing in US companies that are expected to grow their dividends over time. It is the Canadian dollar version of the existing BMO US Dollar Dividend Fund.

BMO US Equity Plus Fund: An equity fund for investors seeking high returns through blue chip US and Canadian companies.

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